Hints and tips:
...Hollywood entertainment group Endeavor and its private equity partner Silver Lake, which have controlled Learfield since 2018, will become minority partners under the restructuring terms....
...US private equity group Silver Lake has agreed to buy Qualtrics for $12.5bn alongside Canada’s largest pension fund in the biggest private equity buyout of the year....
...Other private equity deals in the agency world included Silver Lake’s investment in Ari Emanuel’s William Morris in 2012 and EQT’s investment in United Talent Agency last year....
...the private equity group well....
...Mubadala has other investments in the US, which include a stake in US private equity firm Silver Lake thanks to close relations between its co-chief executive Egon Durban and Mubarak....
...California-based Silver Lake has focused on larger takeovers in recent years, with co-chief executive Egon Durban telling the Financial Times last year that the group was focused on “all-in bets”....
...The buyer group includes the likes of Silver Lake, superagent Ari Emanuel and his sidekicks Patrick Whitesell and Mark Shapiro as well as a medley of wealth funds and other large institutional investors....
...But the £1bn it is shelling out for Spirent means the combined group would be saddled with a net debt to ebitda ratio of about 7 times, Lex calculates. That is where Silver Lake comes in....
...Ari Emanuel’s Endeavor Group, the sprawling entertainment conglomerate, may soon go private. One might ask why it went public at all....
...When Silver Lake alerted investors to their cash return, it said the sale of VMware was a “defining moment” for the $100bn in assets group....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...US private equity group Silver Lake is considering taking Endeavor Group private, with a potential deal for Ari Emanuel’s Hollywood talent agency that would be one of the year’s largest buyouts....
...And Silver Lake said last month that it was considering taking entertainment group Endeavor private again after the company and its chief executive Ari Emanuel became frustrated with lacklustre share price...
...In November, Dell and Silver Lake completed the sale of VMware to Broadcom for $92bn, reaping part of an astounding windfall of $70bn for Dell, Silver Lake and their investors from the combined transactions...
...Raine was an adviser when Silver Lake invested $500mn into City Football Group, owner of Premier League champions Manchester City, in 2019, and on the sale of Olympique Lyonnais in 2022....
...Silver Lake on Wednesday said it had also raised $500mn for the Qualtrics deal from venture group Accel and $250mn from BDT & MSD Partners, the private capital group co-founded by former Goldman Sachs banker...
...In today’s newsletter: DD chats with Silver Lake’s Egon Durban Private credit pounces on loan deals Silver Lake prepares for big ‘all-in’ bets US private equity group Silver Lake is up to big things....
...Castel San Pietro is on sale though Sotheby’s International Realty, Italy...
...The group’s shareholders should gear up for a fight with Silver Lake and Emanuel, Lex argues....
...Christian Lucas, co-head of the buyout group’s European operations, became chair of Software AG and another Silver Lake designee joined its board....
...He has donated more than $600mn to Chicago organisations, even funding the reconstruction of the city’s pedestrian and cycling path along Lake Michigan....
...The group were told over a video call that their contracts would not be renewed after asking for better working rights, one UK contractor said....
...US buyout group Silver Lake has offered €2.6bn. UK fund manager Schroders, which holds 8 per cent of Software’s shares thinks this is too low....
...Silver Lake had gained influence at the company via a €344mn convertible bond investment. Software AG’s chair Christian Lucas, appointed earlier this year, is also a Silver Lake director....
...Silver Lake and Thoma Bravo emerged as the frontrunners, the people said....
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